J.W. Cole Advisors Inc. Buys 59,473 Shares of Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD)

J.W. Cole Advisors Inc. increased its stake in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) by 17.5% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 398,967 shares of the company’s stock after buying an additional 59,473 shares during the period. J.W. Cole Advisors Inc. owned 0.09% of Global X Nasdaq 100 Covered Call ETF worth $7,197,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the stock. Wealthcare Advisory Partners LLC raised its holdings in Global X Nasdaq 100 Covered Call ETF by 35.9% in the first quarter. Wealthcare Advisory Partners LLC now owns 25,382 shares of the company’s stock worth $455,000 after purchasing an additional 6,708 shares in the last quarter. Hennion & Walsh Asset Management Inc. lifted its position in Global X Nasdaq 100 Covered Call ETF by 24.2% during the 1st quarter. Hennion & Walsh Asset Management Inc. now owns 52,258 shares of the company’s stock valued at $936,000 after acquiring an additional 10,198 shares during the period. Caerus Investment Advisors LLC boosted its stake in Global X Nasdaq 100 Covered Call ETF by 1.8% during the first quarter. Caerus Investment Advisors LLC now owns 251,539 shares of the company’s stock worth $4,505,000 after acquiring an additional 4,378 shares in the last quarter. Fifth Third Securities Inc. grew its holdings in Global X Nasdaq 100 Covered Call ETF by 53.9% in the first quarter. Fifth Third Securities Inc. now owns 176,566 shares of the company’s stock worth $3,162,000 after purchasing an additional 61,805 shares during the period. Finally, Hexagon Capital Partners LLC grew its holdings in Global X Nasdaq 100 Covered Call ETF by 963.5% in the first quarter. Hexagon Capital Partners LLC now owns 2,127 shares of the company’s stock worth $38,000 after purchasing an additional 1,927 shares during the period.

Global X Nasdaq 100 Covered Call ETF Stock Up 0.2 %

Shares of QYLD stock traded up $0.03 during trading hours on Friday, hitting $18.15. 4,526,506 shares of the company’s stock traded hands, compared to its average volume of 4,388,083. The stock’s fifty day simple moving average is $17.94 and its two-hundred day simple moving average is $17.71. Global X Nasdaq 100 Covered Call ETF has a 12-month low of $15.91 and a 12-month high of $18.35. The stock has a market cap of $8.18 billion, a price-to-earnings ratio of 28.58 and a beta of 0.71.

Global X Nasdaq 100 Covered Call ETF Increases Dividend

The business also recently disclosed a monthly dividend, which will be paid on Monday, October 28th. Shareholders of record on Monday, October 21st will be paid a dividend of $0.183 per share. This is a boost from Global X Nasdaq 100 Covered Call ETF’s previous monthly dividend of $0.18. The ex-dividend date of this dividend is Monday, October 21st. This represents a $2.20 dividend on an annualized basis and a yield of 12.10%.

About Global X Nasdaq 100 Covered Call ETF

The Global X NASDAQ 100 Covered Call ETF (QYLD) is an exchange-traded fund that is based on the Cboe NASDAQ-100 BuyWrite V2 index. The fund tracks an index that holds Nasdaq 100 stocks and sells call options on those stocks to collect the premiums. QYLD was launched on Dec 12, 2013 and is managed by Global X.